Member Info for Spikeyj

on that good news lads. appears a pleasantly low cost to the settlement, and hopefully should mean they can get on with releasing other news and financials to market.

indeed, happy new year!!

? why on earth would anyone involved with the markets want to stop "dutch courage style trading"? the more the merrier, surely, fatter profits when folks trade wildly! (except perhaps for the poor over-exhuberant trader...) having been a trader, it's just 'coz peeps wanna knock off.

"I guess the reason markets close early before the new year is to stop dutch courage style trading" daniel, it's just because most folks just wanna knock off work & go home / party early, & that includes all the dealers, brokers, and back office settlement types.

no.

no idea ... someone expecting (or planning) a pumping campaign soon? align have been muttering about congolese cobalt in relation to RRR. you never know.

voted with their sweaty little feet today. it appears that someone doesn't believe in that congolese cobalt. what a shockingly bad company ... far too many porkies been told here. (just pray that 'align research' don't start tipping it.)

deja bingu

harry, (a) yes, stefan put some money into mxo shares at a higher price. but he has not kept topping up, but instead has very significantly upped the cash salary he takes. even if mxo shares eventually fell to zero, if he can keep on banking that whopping salary for long enough he will have done very well indeed simply by bleeding out oil sale profits month after month in pay. (b) it's hard to know what to make of that short-term loan repayment without knowing the small print of the agreement that mxo has with the lender. it does appear that the lender has bought shares at a significantly higher price than market, which should be encouraging. ...but if that was offset, for example, by a chunky fee paid to them initially, or paid every time the loan facility is used, then they may effectively be making so much profit from the loan that they are happy to convert at 0.8p effectively as window-dressing. (NB i'm not saying that is happening as fact, i don't know, just highlighting that there is far too little info to evaluate what it really means. - the muted market s/price reaction to news of that apparent large conversion at 0.8p suggests market is suspicious there is some obscure 'detail' behind it.) (it also remains unclear, why were they needing such big short-term loan in the first place? - where is the money bleeding off to to necessitate it?)

of interest re vod growth potential, copied from another lse board about a week ago: Indian stocks surge on Moody's first upgrade in 14 years https://www.rt.com/business/410164-moodys-upgrades-india-rating/ India to become worlds third-largest economy by 2028 https://www.rt.com/business/409826-india-third-largest-economy/

of "general corporate purposes" may be rather idiosyncratic.

odd, isn't it? mxo apparently had spare cash sloshing around to take a short-lived punt in mayan. & people have been saying on this board that as mxo is meant to lifting oil & selling it profitably, one of the company pluses should be no debt. ...murky.

lol, yes. - this one appears to be about a company genuinely working hard to develop a product that people want to pay for with real money. so not like t'other one at all! gl.

is a good looking RNS.

"New low today" ? not if you look at a one year or two year chart ... poor old tung has been way lower. but not too inspiring, as yet.

have taken 'advantage' (i hope, lol) to add a couple of smidges here. but doesn't seem to be much bounce about this one in the short term, sadly.

probably. perhaps some concern that the failure to get the IPO will have an impact on the short term cash returns aviva could manage .. - but also maybe implications re valuation of some existing prop assets?

longer article: https://www.investmentweek.co.uk/investment-week/news/3020596/aviva-investors-targets-gbp250m-ipo-on-secure-income-reit

just noticed, looks like AVIVA have pulled the offer because of insufficient demand: http://www.iii.co.uk/alliance-news/1513160958703710200-3/fusion-antibodies-prices-aim-ipo-as-aviva-investors-shelves-plans-allipo- "Separately, Aviva Investors said it has decided not to proceed with an initial public offering due to insufficient demand at the current time. "We will give consideration to reactivating the proposed IPO at a later date," said Renos Booth, head of Real Estate Long Income at Aviva Investors."

you should ask the broker that you applied through what the allocation policy was for the REIT issue. they should be able to explain if your application was scaled back, or rejected for some reason.